AN OFFICIAL PRESS RELEASE

TRANIO

Cheap Property More Likely to Tempt

Russian-Speaking Buyers Abroad
PRESS RELEASE - DEC 10, 2015 12:51 MSK - UPDATED: DEC 10, 2015 12:57 MSK

Countries with lower property prices sell more to Russianspeaking buyers according to the most recent results of Tranio's
Russian and CIS Buyer Activity 2015 report.
Tranios Russian and CIS
Buyer Activity 2015 report survey concludes that
countries with lower property prices have become
more appealing to Russian-speaking buyers. The lower
the average property price in a country, the higher the
chances of selling real estate to Russian and CIS buyers.
This conclusion is based on the answers of 500
respondents (real estate agencies and developers) in 37
different countries for 2015.
Key aspects:

"Undoubtedly, agencies save time:

buyers don't have to call dozens of
sellers, arrange viewings and spend
lots of time trawling through
irrelevant offers. A good agent
should find you five listings in a
week. We make a point of
introducing buyers to at least two
agents, so they really get as many
good options as possible quickly."
MARINA FILICHKINA, HEAD OF SALES
AT TRANIO

Overseas property investment 50% lower

Clear correlation between conversion rates of clients to buyers and
prices
Bulgaria, Hungary and Turkey are destinations with cheapest average
price

property
property

Germany remains the most popular investment destination for Russians with a
medium sized budget
All top conversion rates are located in Eastern and Southern European countries: Greece,
Latvia, Hungary, Bulgaria, Turkey and Montenegro.
Although commercial yields in Germany are falling, investments are booming and occupancy
is just under 100%, guaranteeing a safe haven for Russian and CIS assets where currency
value fell drastically since the end of 2014.
The survey also highlights huge discrepancies between buyers estimated budgets and the
quality of prop- erty they can afford in the country of choice. As observed by Tranio, clients
are 40% more likely to refuse initiating a deal in expensive countries compared to cheaper
ones.

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Russian-speaking buyers abroad
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